[iammanusharma]

Thanks Nothing1954,ansh for ur valuable advice. Watever info I have gathered till now suggests that in order to get into one of the top AMBA B-schools in U.K, we must have 3+ years experience at management level. I do have 3+ experience, but as a software developer.
My Profile:

10th- 87%
12th-75%
B.E – 65%
Work ex – 3+ (s/w developer)
Co-curricular – decent

My doubts are-

• Is it realistically possible for me to get into one of the AMBA schools?
• What is the gmat score required to be in the race for the top 15 b-schools.
• Being an IT guy, are there any courses related to IT management or something where I can leverage my prior experience.
• Considering US, are there good (top 10-30)colleges which offer MBA for <20Lakhs??

[iammanusharma]

Thanks Nothing1954,Ansh for ur valuable advice. Watever info I have gathered till now suggests that in order to get into one of the top AMBA B-schools in U.K, we must have 3+ years experience at management level. I do have 3+ experience, but as a software developer.

10th- 87%
12th-75%
B.E – 65%
Work ex – 3+ (s/w developer)
Co-curricular – decent

My doubts are-

• Is it realistically possible for me to get into one of the AMBA schools?
• What is the gmat score required to be in the race for the top 15 b-schools.
• Being an IT guy, are there any courses related to IT management or something where I can leverage my prior experience.
• Considering US, are there any good( top 10-30) universities which give an MBA for <20lakhs

[iammanusharma]

Thanks Nothing1954,Ansh For ur valuable advice. Whatever info I have gathered till now suggests that in order to get into one of the top AMBA B-schools in U.K, we must have 3+ years experience at management level. I do have 3+ experience, but as a software developer.

10th- 87%
12th-75%
B.E – 65%
Work ex – 3+ (s/w developer)
Co-curricular – decent

My doubts are-

• Is it realistically possible for me to get into one of the AMBA schools?
• What is the gmat score required to be in the race for the top 15 b-schools.
• Being an IT guy, are there any courses related to IT management or something where I can leverage my prior experience.

4.Considering US, are there any good( top 10-30) universities which give an MBA for <20lakhs

[connectansh]

Hi Manu, As for AMBA recognised universities, you need not worry about them. There are many which would be ready to take you without managerial work experience. Also, you need to show what leadership potential or inititaives you took at work.
For the UK, only the top ten schools insist on GMAT score. To get into a top UK school, you need a GMAT score of more than 650. For the top 3 which are LBS, Oxford ,Cambridge you should have 700+ score ideally.
Other aspects of your profile are also as important as your GMAT score.

As for the US top 20, you should have a 700+ score on average. If you do manage to get admission in top 10 schools there, i dont think you need to worry about finances too much as they provide almost 90 % loan without the need for any co-signer. That's only if you get an admit though. Also, for the US 3 years work experience is cool. Again you would need to portray your leadership potential.

Cheers x

[mbaquestionmark]

putting my two cents in...

I feel it is more about your post MBA career guys.. If you are planning to an MBA abroad it is always better to have a clear plan of atleast the first 3 or 4 years of your post MBA career.. If we think in these terms I have always felt that US schools offer more International mobility mainly because of the language. On the other hand if we intend to an MBA in china (CEIBS) or France (HEC or INSEAD) or SPAIN (IESE or IE) etc etc.. you are looking more towards the career in the respective nations.. also more likely that you ll be learnign to speak the respective native language as well..

In those terms I ve always felt that when it comes to MBA outside US, one of the univs in UK is best for us.. And yes, this totally differs from person to person..

any takers on this ?

[Shadowclair]

Thanks for the OP for starting this thread, this has been really helpful.
please keep the discussion going.

About the US MBAs the cost factor and the current recession has been a demotivating factor for me. This has made MBAs from Canada more impressive.
I would appreciate if somebody could shed more light into MBAs from Canada.
I am a Career switcher, looking towards the marketing domain with 3 years of IT experience and 1 year of Manufacturing exp. (yea i am already a career switcher..)
thanks.

[ghk]

Originally Posted by Shadowclair

Thanks for the OP for starting this thread, this has been really helpful.
please keep the discussion going.

About the US MBAs the cost factor and the current recession has been a demotivating factor for me. This has made MBAs from Canada more impressive.
I would appreciate if somebody could shed more light into MBAs from Canada.
I am a Career switcher, looking towards the marketing domain with 3 years of IT experience and 1 year of Manufacturing exp. (yea i am already a career switcher..)
thanks.

Canadian MBAs are rising in reputation pretty fast. There are great schools like Rotman, Ivey etc that provide you with an excellent educational experience. although if cost factor is your major concern then you would have a very similar problem here.
As statistics show, the best jobs in canada are extremely competitive as the number of excellent opportunities is less in comparison to US (relatively speaking). So you need something other than pure numbers (score) to get a good job - good networks/contact, good recommendations, experience, etc. Also Canadian MBAs are not any less expensive. An MBA from canada could cost your around $60-$70 (US dollars) including living expenses. This is a very conservative estimate. So in sum, you are taking an equally expensive (may be slightly less) option with lesser opportunities than a US B-school.
If cost is a factor a European or Asian MBA would be a better option, due to its better ROI as most of them are less than 2yrs in length. But this is not without its own cons.. If you want to work in the states, then a US MBA would be the better option.

Edit: Oops forgot to mention one more thing.. For a career switcher, in my opinion, from a totally different Industry and Function a 2 year MBA would be a better option.

[ghk]

Originally Posted by iammanusharma

Hi,
I met some education consultants to know about higher studies in UK , they said its very easy getting a seat in UK for an MBA and it would cost somewhere around 10-15 lakhs , couse is for only 12 months , we get work visa for 2 yrs.... we need to write only IELTS exam.

I was wondering what is the difference in goin for MBA in US and UK?? Where in US we need to shell out more than 20to 30 lakhs..

IMO the main goal of going to a B-school is to advance in career and to get a good job. What is the point of going to an average school with 10-15 lakhs on fees, if you won't be able to find a job. And these education consultants are paid by those schools to promote and bring in students. So don't risk your chances to save some money. If a good school (anywhere in the world) is charging 10 lakhs more, consider it an investment for life as you probably would repay that extra money with a good job in a matter of 3-4 years..

[Shadowclair]

Thanks ghk for helping me make a decision here..
So US-MBA is still the best option even with the recession.
ok cool i will search for posts that have more details about MBA from US.
I hope there will be a thread from the US-MBA-class of 2009 detailing their experiences post-MBA with regards to jobs etc..

[ghk]

Originally Posted by Shadowclair

Thanks ghk for helping me make a decision here..
So US-MBA is still the best option even with the recession.
ok cool i will search for posts that have more details about MBA from US.
I hope there will be a thread from the US-MBA-class of 2009 detailing their experiences post-MBA with regards to jobs etc..

nope thats not what i meant.. My point in my previous post was that if cost is a factor if select a canadian MBA over a US MBA then you might want to give it another thought coz of the reasons that i mentioned..